YEARLY HIGH
2.9793 NAD
YEARLY LOW
2.4764 NAD
YEARLY AVERAGE
2.7266 NAD

2023 TTD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 2.9793. Conversely, the yearly low was recorded on January 12, dropping to 2.4764.

This high-to-low spread represents a total annual volatility of 0.5029 NAD. From a start-to-finish perspective, comparing the January average rate of 2.5154 to the December average rate of 2.7486, the exchange rate registered a net change of 9.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9793 was up 9.10% compared to the 2022 peak of 2.7309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 14,897 NAD
2022 Average 12,012 NAD
Yearly Trough Low 12,382 NAD
Transaction Impact: A difference of 2,514.37 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8716
2.4830
JanuMarcMayJulySeptNove

TTD to NAD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.6833, compared to 2.7699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0866 points.

H1 Avg (Jan–Jun) 2.6833
H2 Avg (Jul–Dec) 2.7699

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2709 NAD (High: 2.9528 / Low: 2.6819). On the other end, January was the most stable month, with a tight range of 0.0689 NAD (High: 2.5453 / Low: 2.4764).

November Spread (Volatile) ±0.2709
January Spread (Stable) ±0.0689

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0743 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.8392) against the same month in 2022 (average: 2.6688), the exchange rate shifted by +0.1704 (+6.39%).

2023 Avg (October) 2.8392
2022 Avg (October) 2.6688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5453 2.4764 2.5154
February 2.7161 2.4948 2.6331
March 2.7527 2.6398 2.6963
April 2.7289 2.6176 2.6805
May 2.9056 2.6916 2.8131
June 2.9071 2.6779 2.7616
July 2.7997 2.5965 2.6915
August 2.9218 2.6877 2.7774
September 2.8400 2.7646 2.7976
October 2.9793 2.7610 2.8392
November 2.9528 2.6819 2.7649
December 2.8130 2.6779 2.7486